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super microcomputerNasdaq: SMCI) Chief Executive Charles Liang wrote a letter to the company’s clients and partners saying that neither the recent delay in its annual report nor the recent disclosure by Hindenburg Research is short. Company shares will affect the pair.
“None of these events will affect our products or our ability and capacity to deliver the innovative IT solutions you rely on every day,” Liang wrote in a letter also filed with the Securities and Exchange Commission. put “Our manufacturing capabilities are unaffected and continue to work at speed to meet customer demand. Our world-class engineering and support teams are also unaffected and continue to build and deploy AI Total Solutions at scale.”
Liang added that the company is “well positioned” to offer its product portfolio to its customers and help them solve their IT problems.
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In addition, Liang also said that Super Micro will have more to say about Hindenburg Research’s allegations, which he described as “false or false.”
“Separately, you may also have heard about a recent report by a short-selling hedge fund that contained false or misleading statements about our company, including misrepresentation of information we have previously shared publicly,” Liang said. ” “We will address these statements at the appropriate time.”
After the close of trading on Friday, Super Micro said it did not expect any material changes in its 2024 financial year, despite the delay in its annual report.